Christopher Ripley - Jun 1, 2023 Form 4 Insider Report for Sinclair, Inc. (SBGI)

Signature
Clinton R. Black, V, Esq., on behalf of Christopher Ripley, by Power of Attorney
Stock symbol
SBGI
Transactions as of
Jun 1, 2023
Transactions value $
-$411,323
Form type
4
Date filed
6/5/2023, 03:59 PM
Previous filing
Mar 15, 2023
Next filing
Mar 5, 2024

Transactions Table

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Ownership Footnotes
transaction SBGI Class A Common Stock Tax liability -$411K -26.6K -14.05% $15.47 163K Jun 1, 2023 Direct F1, F2, F3
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 Designates withholding of shares to satisfy the Reporting Person's tax liability upon the early vesting of restricted stock granted on January 31, 2022 in connection with the issuer's reorganization effective June 1, 2023.
F2 The total number of shares released to the Reporting Person was 55,066 shares of Class A Common Stock issued as Restricted Stock of which 26,597 shares were withheld by the issuer to satisfy the Reporting Person's tax liability.
F3 Includes the vested 28,469 shares of Class A Common Stock reported on this Form 4 issued as Restricted Stock. The Reporting Person also owns 302,583 shares held in a revocable trust for which the Reporting Person serves as a co-trustee and 3,072.352318 shares of Class A Common Stock held in a 401(k) unitized stock fund.